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The price of nickel in 2010 - forecast

According to the estimates of analysts Roskill Information Services, the average price of nickel in 2010 will amount to $ 20,000 thousand per ton, and a little over $ 22,000 thousand per ton on the threshold of 2011 -… Because of the expected growth in demand recovery. The company expects growth in nickel consumption this year by 7% — after three consecutive years of decline. According to Roskill forecasts, the production of stainless steel, which requires nickel, to reach in 2010 27 million tonnes (+ 8% year on year) — and nearly 30 million tons in 2011. Roskill also expects the likely growth in supply in the nickel market.